On January 17th, the Federal Deposit Insurance Corporation (FDIC) announced the closure of the Chicago, Illinois, bank Pulaski Savings Bank.
“The FDIC entered into a purchase and assumption agreement with Millennium Bank of Des Plaines, Ill., to assume all deposits of Pulaski Savings Bank,” the FDIC noted in its press release.
It added:
As of Sept. 30, 2024, Pulaski Savings Bank reported total assets of $49.5 million and total deposits of $42.7 million. Millennium Bank agreed to assume all deposits at the time of closing for a 4.61 percent premium. It will also purchase approximately $45.0 million of the failed bank’s assets. The FDIC will retain the remaining assets for later disposition.
The FDIC preliminarily estimates that the failure will cost its Deposit Insurance Fund (DIF) about $28.5 million. The estimate will change over time as assets are sold. Suspected fraud caused the higher estimated cost to the DIF.
Read the rest of the report for free below:
[7] Who goeth a warfare any time at his own charges? who planteth a vineyard, and eateth not of the fruit thereof? or who feedeth a flock, and eateth not of the milk of the flock? [8] Say I these things as a man? or saith not the law the same also? [9] For it is written in the law of Moses, Thou shalt not muzzle the mouth of the ox that treadeth out the corn. Doth God take care for oxen? [10] Or saith he it altogether for our sakes? For our sakes, no doubt, this is written: that he that ploweth should plow in hope; and that he that thresheth in hope should be partaker of his hope. (1 Corinthians 9:7-10).
The WinePress needs your support! If God has laid it on your heart to want to contribute, please prayerfully consider donating to this ministry. If you cannot gift a monetary donation, then please donate your fervent prayers to keep this ministry going! Thank you and may God bless you.
certainly like your web-site however you have to take a look at the spelling on several of your posts. Many of them are rife with spelling issues and I in finding it very bothersome to inform the reality then again I will definitely come again again.
Hello, Neat post. There’s an issue with your site in web explorer, would check this… IE nonetheless is the marketplace chief and a huge portion of other people will miss your wonderful writing because of this problem.
hello!,I really like your writing so much! percentage we communicate extra approximately your article on AOL? I require an expert in this area to unravel my problem. May be that is you! Taking a look ahead to look you.
Woah! I’m really enjoying the template/theme of this site. It’s simple, yet effective. A lot of times it’s difficult to get that “perfect balance” between usability and visual appeal. I must say you’ve done a superb job with this. Also, the blog loads super fast for me on Opera. Excellent Blog!
Keep up the wonderful work, I read few blog posts on this web site and I believe that your weblog is real interesting and holds sets of good information.
I truly appreciate this post. I have been looking all over for this! Thank goodness I found it on Bing. You’ve made my day! Thx again!
As soon as I noticed this internet site I went on reddit to share some of the love with them.
Some really terrific work on behalf of the owner of this website , utterly great content.
so much wonderful info on here, : D.
I know this if off topic but I’m looking into starting my own weblog and was wondering what all is needed to get setup? I’m assuming having a blog like yours would cost a pretty penny? I’m not very web smart so I’m not 100 sure. Any suggestions or advice would be greatly appreciated. Kudos
I like this website so much, saved to favorites.
Thanks for any other informative blog. The place else may I get that type of info written in such an ideal method? I have a project that I’m just now running on, and I have been on the glance out for such info.
certainly like your website however you need to take a look at the spelling on several of your posts. Many of them are rife with spelling problems and I find it very bothersome to tell the truth then again I will surely come back again.
I was wondering if you ever thought of changing the structure of your site? Its very well written; I love what youve got to say. But maybe you could a little more in the way of content so people could connect with it better. Youve got an awful lot of text for only having 1 or two images. Maybe you could space it out better?
Hey there, You have performed an excellent job. I will certainly digg it and individually recommend to my friends. I’m sure they will be benefited from this site.
I love the efforts you have put in this, appreciate it for all the great articles.
I am glad to be one of several visitants on this great site (:, thankyou for putting up.
Heya i am for the first time here. I came across this board and I to find It truly helpful & it helped me out much. I’m hoping to present one thing again and help others such as you aided me.
Hi , I do believe this is an excellent blog. I stumbled upon it on Yahoo , i will come back once again. Money and freedom is the best way to change, may you be rich and help other people.
You could definitely see your skills in the work you write. The arena hopes for even more passionate writers such as you who aren’t afraid to say how they believe. Always go after your heart.
Thank you for the auspicious writeup. It in fact was a amusement account it. Look advanced to far added agreeable from you! However, how can we communicate?
I must point out my gratitude for your kindness in support of individuals who have the need for guidance on the matter. Your real dedication to passing the solution up and down came to be pretty beneficial and have truly encouraged employees just like me to attain their ambitions. Your own interesting suggestions can mean this much to me and substantially more to my fellow workers. Thank you; from each one of us.
There is evidently a bunch to identify about this. I feel you made certain good points in features also.
Really Appreciate this update, is there any way I can receive an update sent in an email whenever you write a new update?
I like what you guys are up too. Such clever work and reporting! Carry on the excellent works guys I have incorporated you guys to my blogroll. I think it’ll improve the value of my web site 🙂
Keep up the great piece of work, I read few posts on this internet site and I conceive that your weblog is very interesting and has sets of good information.
At this time it sounds like BlogEngine is the top blogging platform out there right now. (from what I’ve read) Is that what you are using on your blog?
Yeah bookmaking this wasn’t a high risk decision great post! .
Great post. I am facing a couple of these problems.
I enjoy what you guys tend to be up too. This sort of clever work and exposure! Keep up the superb works guys I’ve incorporated you guys to our blogroll.
Very efficiently written article. It will be useful to anybody who utilizes it, including me. Keep up the good work – for sure i will check out more posts.
Howdy just wanted to give you a quick heads up. The text in your content seem to be running off the screen in Opera. I’m not sure if this is a format issue or something to do with web browser compatibility but I figured I’d post to let you know. The style and design look great though! Hope you get the issue solved soon. Cheers
Hi, Neat post. There is a problem with your site in internet explorer, would test this… IE still is the market leader and a huge portion of people will miss your magnificent writing because of this problem.
I like this internet site because so much utile stuff on here : D.
Heya i am for the first time here. I found this board and I find It really useful & it helped me out much. I hope to give something back and help others like you aided me.
Very nice article and right to the point. I don’t know if this is in fact the best place to ask but do you guys have any thoughts on where to get some professional writers? Thanks 🙂
Good V I should certainly pronounce, impressed with your website. I had no trouble navigating through all tabs and related information ended up being truly easy to do to access. I recently found what I hoped for before you know it at all. Quite unusual. Is likely to appreciate it for those who add forums or anything, website theme . a tones way for your customer to communicate. Excellent task..
wonderful publish, very informative. I wonder why the other experts of this sector do not notice this. You must continue your writing. I’m confident, you have a huge readers’ base already!